Back months

Back months

Back Month

Among several different futures contracts, the one with the longest maturity. For example, given three futures contracts, one expiring in March, one in June, and one in September, the back month is the one expiring in September.

Furthest Month

Among several different futures contracts or options, describing the one with the longest maturity. For example, given three futures contracts, one expiring in March, one in June, and one in September, the furthest month futures contract is the one expiring in September.

With last week's US gas in storage down slightly from last year and the five year average, natural gas futures contract prices broke out of their backwardation pattern, as prices above and below the nearby and cash delivery price are seen in the back months in an undulating pattern.

By offering this new incentive program and revising the tiered pricing program we already have in place, we are focusing our efforts on the back months of Eurodollars, which we believe will further enhance liquidity through the entire 10-year spectrum of Eurodollar quarterly expirations.

The court has affirmed that the law does not allow the Commission to destroy the lives of individual citizens by coming back months after a decision is made and undoing it," said PLF Attorney Russ Brooks.

All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.